Re: Local Currency Article

[Mbindnerdc@aol.com]

Taxes are actually judged on 5 factors by those of us who study public finance:

cost of administration (compared to revenue generated)
economic impact (whether it impacts consumer choice)
equity (whether it is progressive, regressive or proportional)
 
and I forget the other two, but I will look them up and get back to you.

In a message dated 12/11/2002 4:50:49 PM Eastern Standard Time, 
PBottissr@aol.com writes:

>I have said it before so I will repeat. All taxes are passed down to the 
>consumer, there is nothing wrong with that they should be. No matter what tax 
>code we have that will be the normal business practice. The tax plan you are 
>touting is not a fair and equitable tax. To be fair and equitable it must not 
>give preference to any one rich or poor. It should be used exclusively to 
>generate revenues, not fit in with your philosophy.   
>
>Paul B 
>
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